FL > Miami
Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
Miami, FL 33127,3421 NW 5th Ave
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William Watson

William Watson

+1(720) 463-0002
$1,550,000
Est. payment /mo
1,542 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,542 sqft

Price per Sqft $1,005

MLS Listing ID 11603034

Year Built 1948

Annual Tax Amount $8,123

Tax Year 2025

Property Description

Prime income-producing development site minutes from the Design District, Wynwood, Midtown, Downtown, and Brickell. 7,250 sqft T5-L zoned lot allowing up to 25 residential units plus retail or mixed-use development with no parking required under current Miami 21 zoning. Developers can build up to 5 stories with minimal setbacks, maximizing the site's full potential. Existing duplex (4 bed / 2 bath / 2,322 sqft) can generate income while plans and permits are prepared - ideal for investors seeking both immediate cash flow and long-term appreciation. The neighborhood is rapidly transforming, with brand-new luxury apartment projects on nearly every corner, making this a rare opportunity in one of Miami's most desirable growth corridors.

Location

State FL

County 12086

Rooms

Dining Room 0

Kitchen 0

Building

Story 1

Sewer Municipal

Structure Type Masonry - Concrete Block

Others

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11906825

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William Watson

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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3421 NW 5th Ave

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